Terms Used In Wisconsin Statutes 180.0840

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Officers: when applied to corporations include directors and trustees. See Wisconsin Statutes 990.01
  • Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
   (1)    A corporation shall have the officers described in its bylaws or appointed by its board of directors by resolution not inconsistent with the bylaws.
   (2)   A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
   (3)   The same natural person may simultaneously hold more than one office in a corporation.